Treasury Secretary Scott Bessent will reveal the U.S. Treasury Department’s plans to crack down on the finances behind “transnational political terrorism” during an address to dignitaries gathered at the U.S. State Department on Thursday, Breitbart News has learned exclusively. Bessent, a Treasury Department official told Breitbart News, will deliver remarks outlining the tools at his disposal at the direction of the president to stop terrorism finances worldwide.
“Secretary Bessent will underscore that combating the financing of transnational political terrorism remains a core national security priority for the Department of the Treasury,” a Treasury Department spokesperson told Breitbart News on Wednesday night ahead of the Thursday morning address. “He will highlight Treasury’s use of its financial authorities to identify, disrupt, and dismantle the illicit funding networks that enable terrorist organizations to operate. Secretary Bessent will emphasize Treasury’s efforts to prevent the abuse of charitable and nonprofit organizations as vehicles for terrorist financing, including by investigating entities that exploit tax-exempt status to finance violence and taking action where appropriate. He will also reaffirm that Treasury will continue working closely with international partners to protect the integrity of the global financial system and deny terrorists and their facilitators access to the resources they need to carry out violence.”
